Win in court or pay the debt.
only if its a federal judgment or a judgment in the state in which you want the reverse mortgage. if its a judgment out of state and has not been domesticated in your state then the answer is no. if the out of state judgment cannot be domesticated in your state because of statute of limitations or repose, then you should be okay.
You can't do either. The judgment will remain until the expiration date. The judgment even if paid will remain for seven (7) years.
It will be difficult to prevent the creditor from obtaining a judgment when the debtor has no monies. The debtor may have to borrow money from friends or relatives to prevent pending legal litigation. The creditor generally prays for judgment after negotiations for repayment of debt have broken down and cannot be agreed upon.
Not if the judgment was obtained before the statute of limitations for the debt expired. The statute of limitations requires that a lawsuit be filed on the claim before the limitation runs out. While it might prevent the plaintiff from getting the judgment, but it does not invalidate the judgment.
An audita querela is a writ which lies for a party against whom judgment is recovered, but to whom good matter of discharge has subsequently accrued which could not have been availed of to prevent such judgment.
The judgment is not "removed" but the judgment creditor is barred by the discharge from collecting on the judgment. Filing a c. 7 will stay the collection, but if the case is dismissed before a discharge is granted, the judgment is enforceable. If the judgment involves intentional harm or drunk driving or certain other limited situations, the discharge does not prevent collection on the judgment.
The debtor can contact the clerk or administrator of the court that issued the writ of judgment to obtain information on filing procedures for a Motion to Quash the judgment. Such litigation is only useful if the judgment is invalid, even so there is nothing to prevent the creditor from refiling and receiving a new judgment writ.
A restraining notice to a judgment debtor is a legal document typically issued by a court that prohibits the debtor from transferring or disposing of certain assets, pending resolution of the debt owed to the creditor. It essentially freezes the debtor's assets to prevent them from being moved or hidden to avoid payment of the judgment.
In an abstract judgment the grantor is the judgment creditor. The grantee of the abstract judgment is the judgment debtor.
In Ohio, once a debt collector has obtained a judgment in small claims court, the statute of limitations does not prevent garnishment as the judgment itself is enforceable. However, if a significant amount of time has passed since the judgment was issued (typically 21 years for most debts), you may be able to argue that the judgment is no longer enforceable. It's important to consult with a legal professional to understand your specific situation and options for challenging the garnishment.
Typically, a civil judgment in one state will not directly prevent someone from obtaining a driver's license in another state. However, if the civil judgment is related to unpaid fines or fees owed to a state's Department of Motor Vehicles, it may affect the ability to obtain a license in that specific state.
The Fair Credit Reporting Act states that a judgment may remain on your credit report for 7 years. Many jurisdictions will also use a date a judgment was paid as the expiration date, even though payment does not necessarily constitute a disposition, called a satisfaction of judgment, which is a separate legal action. After a judgment is granted, the plaintiff may garnish the defendants wages, file an extention of the original judgment to extend the time period it may legally show on a consumer's credit report, or place a lien upon any property owned by the defendant. The latter might prevent sale or refinance of that property.